Railways moves the ministry for fare hike

According to Railways sources it incurrent an expenditure of Rs 6.928 billion last year and due to four time increase in fuel prices, the fuel cost is estimated to rise to Rs 11.95 billion. The govenment, sources in the railways pointed out, increased the feul prices by 7 percent on April 18, 6.55 percent on May 1, 9.8 percent on June 29 and 17.65 percent on July 21 while the Railway increased the fares only once on July 5 in view of fuell price increase on June 29 and has moved the Ministry for a second time increase this month.